Hubbell Incorporated Declares 7% Dividend Increase
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.2%
Revenue Growth %: +23.3%
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Shelton, CT, Oct. 22, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE: HUBB) today declared a 7% increase in the common stock dividend rate. The new annual payment of $4.20 per share, or $1.05 per quarter, compares to the former rate of $3.92 per share, or $0.98 per quarter. The dividend will be paid on December 15, 2021 to shareholders of record on November 30, 2021.
Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure reliably and efficiently. With 2020 revenues of $4.2 billion, Hubbell solutions empower and energize communities in front of and behind the meter. The corporate headquarters is located in Shelton, CT.
Dan InnamoratoHubbell Incorporated40 Waterview DriveP.O. Box 1000Shelton, CT 06484(475)882-4000
Source: Hubbell Inc.
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